Jet blue wants us now
06-29-2022 | 04:56 PM
#1801
On Reserve
Joined: Feb 2015
Posts: 34
Likes: 0
From: A320 FO
Why does B6 have to wait for this vote? Can’t they just tender the shares, get the 50.1 and begin the hostile takeover? It’s obvious NK BOD will keep delaying the vote until they some how get the vote they need.
06-29-2022 | 04:57 PM
#1802
Gets Weekends Off
Joined: Mar 2016
Posts: 172
Likes: 0
From: 320 Captain
I guess Ted's Jim Cramer interview last night didn't move the needle. Hahahahahah. Clown show.
Someone save us 😭
Someone save us 😭
06-29-2022 | 05:06 PM
#1803
That/It/Thang
Joined: Aug 2020
Posts: 3,502
Likes: 369
Haha. Seems nobody is buying the DOJ JBLU guaranteed rejection. Also doesnt seem like Frontier will be willing to give up enough to get the votes. They are F’d. Haha. Love it!
06-29-2022 | 05:14 PM
#1804
On Reserve
Joined: Dec 2014
Posts: 24
Likes: 0
From: Spirit Airbus 319/320/321
JetBlue's response:
https://www.businesswire.com/news/ho...pecial-Meeting
"JetBlue Comments on Spirit’s Adjournment of Special Meeting
"JetBlue Comments on Spirit’s Adjournment of Special Meeting
June 29, 2022 08:29 PM Eastern Daylight TimeNEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) issued the following statement from Robin Hayes, chief executive officer, regarding the decision by the Spirit (NYSE: SAVE) Board of Directors to adjourn its special meeting:
We compliment the Spirit Board for listening to their shareholders, who clearly were not supportive of the Frontier transaction, and adjourning the Special Meeting. We look forward to commencing a constructive and substantive dialogue with them.
It’s clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue. The Spirit Board has so far not walked away from the Frontier transaction and we continue to strongly recommend that Spirit shareholders let the Spirit Board know that preventing their shareholders from receiving the superior value JetBlue has proposed is unacceptable, by voting AGAINST the Frontier transaction.
A combined JetBlue-Spirit would create a truly compelling national competitor to the legacy carriers and a winning combination for customers, JetBlue crewmembers and Spirit Team Members, and shareholders of both airlines. We urge the Spirit Board to listen to its shareholders and accept our superior proposal without further delay."
We compliment the Spirit Board for listening to their shareholders, who clearly were not supportive of the Frontier transaction, and adjourning the Special Meeting. We look forward to commencing a constructive and substantive dialogue with them.
It’s clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue. The Spirit Board has so far not walked away from the Frontier transaction and we continue to strongly recommend that Spirit shareholders let the Spirit Board know that preventing their shareholders from receiving the superior value JetBlue has proposed is unacceptable, by voting AGAINST the Frontier transaction.
A combined JetBlue-Spirit would create a truly compelling national competitor to the legacy carriers and a winning combination for customers, JetBlue crewmembers and Spirit Team Members, and shareholders of both airlines. We urge the Spirit Board to listen to its shareholders and accept our superior proposal without further delay."
https://www.businesswire.com/news/ho...pecial-Meeting
06-29-2022 | 05:42 PM
#1805
Line Holder
Joined: Sep 2016
Posts: 1,164
Likes: 38
TC right now lol
Sent from my SM-G998U using Tapatalk
Sent from my SM-G998U using Tapatalk
06-29-2022 | 06:00 PM
#1806
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
That’s a damn good question. If F9 ups their bid, B6 will follow suit likely…. Becomes more and more expensive…. If B6 has the votes to remove the board, they’ll likely do it. The lack of action means to me, speculating, that they don’t have a controlling vote…….yet.
06-29-2022 | 06:18 PM
#1807
That/It/Thang
Joined: Aug 2020
Posts: 3,502
Likes: 369
That’s a damn good question. If F9 ups their bid, B6 will follow suit likely…. Becomes more and more expensive…. If B6 has the votes to remove the board, they’ll likely do it. The lack of action means to me, speculating, that they don’t have a controlling vote…….yet.
“I won’t vote for the Frontier merger”
vs
“I won’t give voting proxy to JetBlue to take the company, we will negotiate the terms once the Frontier deal is dead”.
They don’t like the Frontier deal, doesn’t mean they are ready to give their voting control to Robin and Co at this juncture
06-29-2022 | 06:21 PM
#1808
Gets Weekends Off
Joined: May 2010
Posts: 429
Likes: 0
Maybe we should protest or burn down a auto parts store?
06-29-2022 | 06:23 PM
#1809
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
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